What’s Behind the Meteoric Rise of Chainlink?

Chainlink (LINK) has experienced a meteoric rise this year, becoming a top five crypto asset by market capitalization. We took a look at the data from the decentralized finance space (DeFi) as well as Google to help explain this phenomenon. The battle for number five 2020 edition. Source: CoinMarketCap. The battle for the number five …

100,000 Join Cointelegraph’s Blockchain Week Event in China

Around 100,000 people in total attended the 2020 Great Bay Area International Blockchain Week, hosted by Cointelegraph China and Cointelegraph in Shenzhen’s Great Bay district in the first week of August. Guests were divided between those who participated online and offline, according to Cointelegraph China’s report. The conference focused on investment, industry, public chain, trading …

A Tor Vulnerability May Have Enabled Dark Web Bitcoin Theft

According to recently published research, an attacker has found vulnerabilities in the Tor browser network that might have allowed them to steal Bitcoin (BTC) from users. Tor was developed by the U.S. government for anonymous internet communication and has since been adopted by privacy advocates. Because of its privacy-preserving features, it is also popular with …

Blockchain to Bring Transparency to Recycling Sector

Although recycling may seem like a relatively simple concept, the plastics recycling supply chain proves otherwise. From understanding which plastics get recycled to determining the quality of those plastics, these issues and more are resulting in lower recycling participation rates.  Statistics show that by 2024, the global recycling market is expected to reach $377 billion. …

IOTA Revs Its Engines for Mainnet Upgrade Launch

The IOTA network is preparing to launch the first phase of Chrysalis, also known as IOTA 1.5, on its mainnet sometime next week. According to a tweet published by the IOTA Foundation, the upgrade will allow the network to process 1,000 transactions per second, and will institute 10-second confirmation times. In June, the foundation also …

Number of Bitcoin Cash Whales Drop Following 39% Price Surge

Following a 39% price surge at the end of July, at least 10 Bitcoin Cash whales have left the network, possibly trading or selling their millions in holdings.  According to Crypto Twitter user Ali Martinez, data from analytics site Santiment shows the number of investors holding between 10,000-100,000 Bitcoin Cash (BCH) — roughly $3-30 million …

More Than 10,000 New Blockchain Companies Established in China in 2020

Blockchain and crypto data platform LongHash revealed on August 8 in a tweet that China’s blockchain sector has grown substantially despite the pandemic this year. It stated that over 10,000 blockchain companies were established between January and July.  The report also shows the current number of blockchain-related companies in China is on track to surpass …